Sector

Financial Services & GIFT City IFSC

Banks, NBFCs, funds and fintechs, in the domestic regime and inside India's international financial services centre.

The practice serves financial businesses on two boards at once. The domestic regime, where lenders enforce and borrowers defend before the recovery and insolvency tribunals. And the international financial services centre at GIFT City, a short drive from the Gandhinagar office, where a young unified framework governs entry and operations.

For lenders and financial creditors, the practice conducts recovery and enforcement work, insolvency petitions and claim processes, and the documentation hygiene that decides those proceedings. For entities entering or operating in the IFSC, it advises on what an activity is in regulatory terms, secures registrations, and answers the boundary questions where IFSC rules meet exchange control, tax and company law.

Written opinions anchor this sector’s work, because financial decisions are reviewed later by boards, auditors and regulators, and a position that was recorded with its reasoning survives that review.

Begin with the issue, not the sales pitch.

Describe the situation in general terms. The forum, the deadline, the document you have received. The practice replies with what it needs to check before anything else, and a conflict check comes before any confidential detail.

Before you write. Please do not send confidential documents, case papers or privileged detail until the practice has completed a conflict check and confirmed in writing that it can act. A first message should describe the issue in general terms only.

Letters & Spirit

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